Great Lakes cargo improves 14.4 percent in October

Friday, 15 November 2013 01:52:21 (GMT+3)   |   San Diego
       

According to a release from the Lake Carriers' Association, US-flag Great Lakes freighters (lakers) carried 9.8 million tons of dry-bulk cargo in October, an increase of 14.4 percent compared to a year ago.  The total was also slightly ahead of October's long-term average, but 1 percent below the 9.9 million tons the fleet moved in September.

US-flag lakers moved 4.4 million tons of iron ore in October, 73.7 percent of all ore moving on the Lakes/Seaway that month.  The 4.4 million tons represent a 15.8 percent increase over a year ago, and a 5.1 percent increase compared to October's long-term average.

When making comparisons with a year ago, it must be remembered that US-flag lakers lost approximately 2,000 hours waiting out the storms that accompanied Hurricane Sandy.

Through October the US-flag float stands at 73.3 million tons, an increase of 1.2 percent compared to a year ago, and iron ore cargos are up by 93,000 tons.


Similar articles

Iron ore prices drop by over $9//mt week on week, mood remains bad

28 Mar | Scrap & Raw Materials

Goa government to ease policy for liquidating iron ore dumps lying on private land

28 Mar | Steel News

Major steel and raw material futures prices in China - March 28, 2024

28 Mar | Longs and Billet

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

Brazilian high-grade iron ore price declines sharply in two days

27 Mar | Scrap & Raw Materials

Daily iron ore prices CFR China - March 27, 2024

27 Mar | Scrap & Raw Materials

India’s JSPL takes operational charge of iron ore complex in Venezuela

27 Mar | Steel News

Major steel and raw material futures prices in China - March 27, 2024

27 Mar | Longs and Billet

Vale selected to begin award negotiations for US briquette plant

26 Mar | Steel News

Daily iron ore prices CFR China - March 26, 2024

26 Mar | Scrap & Raw Materials